Accounting & risks

Annual Report 2022

Spar Nord achieved a profit after tax of DKK 1,417 million in 2022, which is the best result in the 198-year history of the bank. The profit corresponds to an annualized return on equity of 12,5 percent, which places the bank among the best of the largest Danish banks. Management considers the performance as very satisfying. 

The performance is highly generated by the high level of activity, especially in the bank deposit and lending area and housing area, which contributes positively to the net interest and net fee income. In addition, a strong credit rating among the customers contributes to very limited write-downs.

Based on the rising interest rates and the expectations of continued organic growth Spar Nord expects to generate a profit of DKK 1,500-1,800 million in 2023.




Risk Report 2022

Head of Investor Relations

Rune Brandt Børglum

It is my most important task to ensure that Spar Nord at all times makes accurate, relevant and timely information available to the bank's stakeholders. Call or write me if you have any questions or comments.